Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.025% high rate, down from 0.030% the prior week, and the six-months incurred a 0.050% high rate, off from 0.055% the week before.
Coupon equivalents were 0.025% and 0.051%, respectively.
The price for the 91s was 99.993681 and that for the 182s was 99.974722.
The median bid on the 91s was 0.020%. The low bid was 0.005%.
Tenders at the high rate were allotted 87.56%. The bid-to-cover ratio was 4.56.
Tenders totaled $127,664,977,300 and the Treasury accepted $28,000,458,300 including $384,927,300 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.045%. The low bid was 0.035%.
Tenders at the high rate were allotted 49.77%. The bid-to-cover ratio was 4.87.
Tenders totaled $121,796,895,500 and the Treasury accepted $25,000,045,500, including $407,295,500 of non-competitive.
The Fed banks bought nothing for themselves.
